An executor of a will is a person or organisation appointed to carry out the wishes of someone who has passed away, as laid out in their will. This role involves managing the deceased person’s estate, ...
Serving as the executor of a will can be a bigger time commitment than many people might expect. Not only do you need to oversee the transfer of assets to the proper beneficiaries, but you also need ...
Image: Flickr user Ken Mayer. People write last wills and testaments in order to make sure that their final wishes are respected after their death. Yet in the end, it's up to the executor of a will to ...
Losing a loved one is never easy — and if you’ve been named executor of their will, you’re also stepping into a big responsibility. An executor is the person legally appointed to settle the deceased’s ...
Our dad is 93 and has a reverse mortgage on his house, where he lived until recently with my brother and my brother’s friend.
Being named an executor is no small task. It’s a role filled with responsibilities that can feel overwhelming, especially when you’re dealing with the loss of a loved one. Executors have a list of ...
Q. In New Jersey, are co-executors allowed? When I prepared by will, my attorney said or implied that co-executors were not allowed. — Confused A. We’re glad to hear you’ve taken steps to plan for ...
Selecting an executor for your estate is one of the most crucial decisions in the estate planning process. The executor will be responsible for managing your assets, ensuring that your wishes are ...
A lot of clients who I meet with want to ask their children if they are willing to be the executor for their estate (should they need an executor). Rarely does a client who asks their child if they ...
Distributing any remaining assets after all estate debts are paid to those individuals or organizations named in the will When creating a will, you have the power to choose who should serve as your ...
When it comes to handling your loved one’s estate, the executor has a series of important duties and responsibilities. If you suspect an executor is mishandling their responsibilities or mismanaging ...
Most people are completely unaware of the heavy personal legal and financial responsibility they accept when they agree to ...
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